Metals Creek Resources (TSE:MEK) has released an update.
Metals Creek Resources Corp. is set to bolster its mining projects with a non-brokered private placement aimed at raising $400,000 through the issuance of flow-through and non flow-through units. The funds will be allocated to advance the Tillex Copper Project and the Shabaqua Corners Gold Project, with previous drilling at Tillex showing promising copper and silver intercepts. The private placement, subject to TSX Venture Exchange approval, will offer potential tax benefits to investors and includes a four-month hold period on securities issued.
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